Looking like a good set up for a good start to early 2021 expect a minor pullback (yellow short term) from a week of gains then a continuation of uptrend filling in gaps.
Looking to move back to 47's high and test resistance another time looking for volume and a dip to about 41.50/42 for a good entry.
Very risky, my first short publish but feel like this is a confirmed pattern, keeping a close watch.
Interesting play here for earnings, looking to fill a gap, currently overbought could see about 2% pullback around 393? That would be an ideal buy in!
Looks like the highest Volume since Oct/ has been at 405 keeping a strong support line, secondary support at 399. Bull Flag leading up to earnings. I also have an hourly flag that shows a possible breakout could happen before earnings. Looking for entry around 405. NYSE:GWW
Formed a nice cup and handle on the daily, looking to buy 22/22.50 Feb calls!
Here is the bearish only view of the rising wedge that was pointed out, in my first daily chart.
So we have a really interesting double pattern, I think the short term is showing strength with a possible ascending triangle that may be bullish. We just came into what I am calling the COVID GAP as airlines dumped after news of the virus. Since the bottom of that tho, we have a rising wedge farther out that could quickly take back any gains from the bullish...
GWW possible bull flag in 1h 4h and daily, has som time to move down and then pop. Feb earnings if positive could be the ATH tester.
SCI has consolidated since November 9th ATH with a healthy pullback. Looking to break out with a bullish trend.
Looks like an ascending wedge for LPCN coming up to FDA approval.